January 4, 2011 - World Fuel Services Corporation
announced on Monday that its wholly-owned subsidiary,
World Fuel Services, Inc., has completed the previously
announced acquisition of The Hiller Group, Inc. and
certain affiliates ("Hiller"), a leading U.S. general aviation fuel
distribution business.

"The Hiller acquisition further strengthens our position
in the general aviation fuel distribution business,?
stated Michael J. Kasbar, president and chief operating
officer of World Fuel Services Corporation. "We look
forward to partnering with the Hiller team and are
excited at the many growth opportunities that lie
ahead."

Hiller, based in
Tampa,
Florida, with annual volume of
more than 120 million gallons, is a leading supplier of
aviation fuel to fixed base operators and corporate
flight departments.

The Hiller
Group was founded in 1975, and expanding into aviation in 1985,
Hiller ranks among the top 150 privately held firms in Florida. The company,
based in Tampa, Florida, is a leading supplier of aviation
fuels to fixed base operations, corporate flight departments,
airlines, freight/cargo operations, military and helicopter
operations, with annual volume of more than 120 million gallons
of fuel.

They also
provide a full range of support services such as marketing,
tailored business solutions, freight expertise and credit card
processing. The transaction is expected to be $0.05 to $0.07
accretive to earnings in the first twelve months.

Headquartered in Miami,
Florida, World Fuel Services is a
leading global fuel logistics company, principally engaged in
the marketing, sale and distribution of marine, aviation and
land fuel products and related services on a worldwide basis.

World Fuel
Services sells fuel and delivers services to its clients at more
than 6,000 locations in 200 countries, including airports,
seaports, tanker truck loading terminals and other customer
storage locations. With 46 strategically located global offices,
World Fuel Services offers its clients a value-added outsource
service for the supply, quality control, logistical support and
price risk management of marine, aviation and land fuel.

The
Company's global team of market makers provides deep domain
expertise in all aspects of marine, aviation and land fuel
management. World Fuel Services' marine customers include
international container and tanker fleets, cruise lines and
time-charter operators, as well as the United States
and foreign governments.

Aviation customers include commercial airlines, cargo
carriers and private aircraft, as well as the United States and foreign
governments. Land customers include petroleum
distributors, retail petroleum operators, and
industrial, commercial and government accounts.